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The Morning Brief · Thursday, March 12, 2026 · delivered before the open
Briefly Wealth
The Morning Brief

Thursday, March 12, 2026Pre-market edition

Good morning. Private credit funds are freezing withdrawals, and oil just cleared $100 again despite the largest emergency reserve release in history.

Markets
 LevelYTDMTD
S&P 5006,775.80-1.2%-1.5%
Nasdaq22,716.13-2.2%-0.1%
Dow Jones47,417.27-2.0%-3.0%
10Y Yield4.21%+2bp+16bp
WTI Crude$87.25+52.2%+22.5%
Gold$5,167.40+19.8%-2.4%
Bitcoin$70,205-20.9%+6.8%
Advisor talking point

Your clients may own private credit without knowing it

Deutsche Bank flagged $30 billion in exposure to the private credit sector. As funds restrict withdrawals, clients in "moderate" or "balanced" accounts might discover their holdings include loans they can't sell.

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